Executive Summary: In this insightful Article, penned by our founder Director Sh. Mayank Mohanka, FCA, the critical and practically relevant issue of mechanical processing of ITRs by the Income Tax Department u/s 143(1) of the Income Tax Act, in some instances, has been discussed and analysed in detail, with the help of real-life practical case studies.
The author Sh. Mayank Mohanka, FCA writes as under:
Time to Make Artificial Intelligence-Intelligent & Machine Learning-Learn!!
Well, no need to worry Friends, I am not going to discuss the general theoretical and cliché debate of ‘Man vs. Machine’ here. But the topic of my interest is the critical and significant issue of mechanical ‘Summary Ass.